>> E-bay, the world's largest online auctioneer, has launched a website that allows people to invest in loans that lift people out of poverty. The website, called MicroPlace, acts as a broker between ordinary investors and microfinance organisations. For as little as US $100, investors in the US will be able to help entrepreneurs in poor countries, be they coffee sellers in Cambodia or hairdressers in Ghana. The investments last between two and four years.
>> Australia's first 24 hour indigenous television channel, National Indigenous Television (NITV), has begun telecast. Programmes include music shows, sport events and documentaries. But aboriginal communities that were previously able to watch their home-made programmes in language say the content is too mainstream and too sad.
We are a voice to you; you have been a support to us. Together we build journalism that is independent, credible and fearless. You can further help us by making a donation. This will mean a lot for our ability to bring you news, perspectives and analysis from the ground so that we can make change together.
Comments are moderated and will be published only after the site moderator’s approval. Please use a genuine email ID and provide your name. Selected comments may also be used in the ‘Letters’ section of the Down To Earth print edition.